DEEP STATE SANCTIONS BACKFIRE: Russia Gets Rid of 96% of US Debt Holdings in Favor of Massive Gold Reserves, China Follows Suit – Fort Russ

DEEP STATE SANCTIONS BACKFIRE: Russia Gets Rid of 96% of US Debt Holdings in Favor of Massive Gold Reserves, China Follows Suit

MOSCOW/WASHINGTON, D.C. – May 18, 2020 – Moscow has continued to sell off United States Treasury securities, cutting its stockpile by US$8.73 billion in March alone, according to the latest data from the US Department of the Treasury. Russia’s holdings of US state debt amounted to $3.8 billion in March, compared with $12.5 billion just a … Continue reading DEEP STATE SANCTIONS BACKFIRE: Russia Gets Rid of 96% of US Debt Holdings in Favor of Massive Gold Reserves, China Follows Suit